Are you an organization that supports the circular business model? Are you a non-governmental organization that empowers small businesses and entrepreneurs to become sustainable? Do you own a small business that is implementing or wanting to scale sustainable innovations?
Launched for the first time in 2021, the World Trade Organization’s Informal Working Group of Micro, Small, and Medium-Sized Enterprises, together with the International Chamber of Commerce (ICC) and the International Trade Centre (ITC), and this year in partnership with UN Trade and Development (UNCTAD), are calling for innovative ideas that help small businesses participate and contribute to the circular economy.
With this competition, your ideas will not only raise awareness among businesses and policymakers of the diversity and opportunities for a circular economy but will also promote best practices in supporting the sustainability and resilience of small businesses, and their participation in international trade through efficient, innovative, and zero-waste business models.
Requirements
- Initiatives that can include awareness-raising campaigns, competitions, capacity building, training, mentoring, and networking programs related to the circular economy.
- Small businesses active in the circular economy with an innovative business concept that, through its operations, reduces, prevents or repurposes waste in equivalent conventional business models.
- Applications should have a clear link to international trade and include an action plan. To see examples from past competition winners, visit the MSME Group Small Business Champions website.
Award details
- The winner(s) will be invited to travel to Geneva for the award ceremony on 26 June 2025, sponsored by ICC and ITC. The International Trade Centre will additionally award each winner $4,000 prize money to support the development or further scaling of their winning project and issue an award certificate.
- Moreover, training and mentoring opportunities will be discussed with each winner according to their needs, while winning submissions will be promoted by ICC, ITC, UN Trade and Development and the WTO MSME Group through their communication channels.
How to submit proposals
Proposals are open to small businesses, enterprises, industry associations, chambers of commerce and non-governmental organizations and should be submitted by 28 March 2025 via this online form:
Deadline: 28 March 2025
Click HERE to Apply
